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20121207
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
signs of some serious talking when it comes to taking care of the fiscal cliff. >> jessica doyle is here with more on the growing fears about what could happen if the stop signs aren't thrown up in time. >> good morning to both of you. we continue to see the situation play out like a high stakes game of chicken. the white house is saying publicly it will let the nation go over the fiscal cliff if republicans don't fall in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled b
direction. host: and that was the new g.o.p. conference secretary voicing her thoughts on the fiscal cliff negotiations yesterday. and we want you to address the issue of what the g.o.p. is raising, which is address the spending problem. 202 is the area code for our numbers. that's our question this morning in this first segment of the "washington journal." you can also contact us via social media and email. you can make a comment on our facebook page, and finally send us a tweet. here is the hill newspaper from this morning. g.o.p. forget tax rates in talks on the deficit, let's look at the spending. the speaker's swift rejection of an idea floated by representative tom cole of oklahoma, a respected party strategist and former chair of the house g.o.p. campaign committee came as the republicans voiced increasing concerns over the debate of the so-called fiscal cliff. boehner said it's time for them to get serious about the spending problem that our country has. republicans complain that for all the talk of coming up with a balanced budget plan, he has made little effort to identify specif
lawmakers also continuing work on the floor on the fiscal cliff. majority whip senator dick durbin spoke about bipartisan negotiations to try to avoid the fiscal cliff at an event earlier this week at the center for american progress. we will show you as much of this as we can into the senate gavels in at 9:30 a.m. >> we are thrilled to have senator durbin to talk about his views on the fiscal cliff, and the framework. i think as we engage in this debate i just want to let a few things that are critical. as washington becomes obsessed with this issue. first and foremost, i think it will have consequences and that cap we have argued that the issues that are really framing the fiscal debate and fiscal cliff are ones that were actually dictated in the election context. the president didn't have one set of complications, and a second set now. really there was a thread going through the debates as was happening to add that thread was about having a balanced plan that addressed america's fiscal challenges. acknowledged there were serious fiscal challenges that we do need long-term, deficit red
, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> and that is the important phrase there, prepared to go off the cliff if there is no agreement on raising those rates. we're going to get to that in a minute. utah republican senator orrin hatch fired back and said, quote this, is one of the most stunning and irresponsible statements i've heard in some time. the american people want us to find a reasonable path forward not to rattle our sabers and play this dangerous game. of course, both sides are playing games. they are rattling their sabers. house members streamed out of the capitol and headed out of town wednesday after canceling today's session. they insist nothing will get done until the president makes a counteroffer to what they say is their full fledged proposal for monday. >> the revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same peop
's plan to avert the fiscal cliff. guess what, the white house rejected it, calling the gop proposal unbalanced and not serious. translation? no tax hikes on the wealthy so democrats said forget about it. we thought you should take a look. it totals $2.2 trillion in deficit reduction over ten years. the part that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the tax hikes for the wealthy expired. and republicans have been pushing back on that -- tax breaks rathe
it comes to taxes. as you all know by now house republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts to both mandatory and discretionary programs. now to recap again on the president's offer, he wants to raise $1.6 trillion, that's double boehner's amount on the rich an and he's asking for more than $200 billion in stimulus spending and promising about $400 billion worth of cuts to social programs. now obviously those two plans have very little in common. neither side is budging when it comes to their demands on taxes. but now here are a few problems with boehner's proposal.
given us his balanced plan to allegedly avoid the fiscal cliff. he wants to raise taxes by $1.6 trillion. he wants another stimulus package of $50 billion. he wants the authority to raise the debt ceiling without asking congress for approval. say it isn't so, mr. speaker. this tax hike will hurt small businesses which provide 67% of the jobs in this country. that may fund the government for a short time. then, what's the plan? stimulus 2.0. because the first stimulus worked so well? that was a disaster as well. we have a $16 trillion deficit, and the president wants to spend more money. are you kidding me? spending is the problem. we don't need more of it. lastly, he wants the power to raise the debt ceiling without congressional approval. the administration cannot issue an edict like a money monarchy. congress, congress, congress is in control of the purse. we have gone wild and that's just the way it is. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from illinois seek recognition? mr. quigley: i ask unanimous consent to address the house
any movement at all towards some kind of resolution of this situation with the cliff. the fiscal cliff. >> absolutely. and i think the other thing you need to understand about this 800 billion is that as former president clinton said, the arithmetic is there. it still doesn't added a up. i think this is the problem that they are going to have with the heritage foundation. i'm not a fan of the heritage foundation. they are a conservative group. they do primarily more research than they do anything else and what they have done is chosen a man who has very limited research experience. they clearly have decided to politicize the heritage foundation more so than it's ever been politicized before and then secondly boehner has this problem. eric cantor. he is in the same position caesar was in. and that is, knives are pointed at his back every time he turns around. >> well, congressman, the point that i think is so interesting, most americans is here was a guy, senator jim demint, that said i'm going to break president obama. they started plotting the night of the inauguration. they started m
happened to these people those are four americans dead and we're going other the fiscal cliff. there's still unresolved issues. >> what i don't get is if there are four murders in any town or city in this country, and on september 11th it was still unsolved, it would still be front page news. >> right. >> for some reason if we ask questions about it. >> you're obsessed with benghazi. >> we're obsessed or politicizing it, and the irony of it is the way to end the discussion is to give the information. all of it could be ended that way. >> where is the investigation? this is the longest-running investigation. columbo could have solved this by now. they didn't send the fbi until what was it, you were all over t. five weeks after the hit on september 11th. the fbi was still not on site. it's all just bizarre. >> that's why we need anna wintour. let's put her in charge of the investigation. maybe she'll get the answers. at least she'll be dressed well. >> tell me about your radio show. what's up with that? >> a lot of great speculation. a bit of a high day tus hiatus. i'll announce what i
's story as a reminder to all of us as we stand on the precipices of fiscal cliff, the help that we provide for ashley is an investment. it creates jobs for her health care workers. it benefits our national system of education by ensuring that someone with her skills and determination has a chance to teach and it combats stigma. here we are rooting for ashley because we know that once she earns that ph.d. she's going to make some serious contributions. that's our show for today. thank you for watching. i'm going to see you again next saturday at 10:00 a.m. eastern. coming up is "weekends with alex witt." we put a week's worth of bad odors in a home. some aerosols may just mix with them. can febreze really remove them? we asked real people what they thought. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blindfold... awww, oh yuck! i didn't smell any of that! febreze air effects doesn't mix, it actually removes odors. [ laughs ] wow, that's incredible. just another way febreze helps you breathe happy. >>> hello, everyone. we're
Search Results 0 to 12 of about 13 (some duplicates have been removed)